Economic costs of climate change
CO2 emission targets have become more ambitious
Energy use accounts for half of Hungary’s GHG emissions
Non-market based environmental policies dominate
Net Effective Carbon Rates
Net effective carbon rates for the buildings sector are among the lowest in the OECD
Price caps for electricity and gas generate Europe’s lowest energy prices
Households energy consumption is comparatively high
There is a large stock of old and poorly insulated houses
Housing insulation lags neighbouring countries and electrification is minimal
Residential buildings contribute disproportionately to emissions and pollution
Cars are the main source of emissions in the transport sector
Transport emissions are high even though car ownership is low
Average house price per square meter by postcode, Budapest
Public transport use is high and railway emissions are low
Environmental convictions been falling, and waste management relies on landfill
Hungary relies significantly on high carbon fuels and energy imports
Nuclear power is vital in domestic electricity generation
Impact of electricity supply disruption on output
Biomass dominates renewable energy generation
Welfare cost of premature deaths from exposure to fine particles, top ten OECD countries
Solar capacity has expanded rapidly, but grid investment is low
Flood insurance coverage and investment in the water infrastructure are low
Water usage is high in international comparison